Caterpillar (CAT -1.2%) slips today after Credit Suisse lowered its 2013 EPS guidance to $7 from...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Caterpillar (CAT -1.2%) slips today after Credit Suisse lowered its 2013 EPS guidance to $7 from $7.77, and its price target from $123 to $110. The firm cites declining optimism for an improvement in mining orders, for which it had earlier priced into its forecast.